Bitcoin tumbles back to key $60K support level: What’s behind the sell pressure?
Bitcoin faces renewed sell pressure amid an oil price surge, Japan economic contagion risks and a fresh round of selling from Strategy.
The 50-week moving average of Ethereum crossed below the 200-week average, creating a “death cross.” This is seen as a long-term bearish indicator. Meanwhile, Bitcoin is struggling to stay above $62,000 after being unable to break through the $64,000 to $65,000 resistance area.
The German government wallet has been a bearish headline machine for Bitcoin.
July 8, 2026, 10:42 pmThe shift in Bitcoin mining towards AI infrastructure could redefine industry dynamics, impacting revenue models and investor strategies.
July 8, 2026, 10:08 pmBitcoin faces renewed sell pressure amid an oil price surge, Japan economic contagion risks and a fresh round of selling from Strategy.
The macro analyst and Ego Death Capital partner told the Coin Stories podcast that Bitcoin sentiment is the weakest she has ever seen — but that the asset's next leg higher will have to be earned, not printed.
Crypto exchange-traded fund (ETF) flows stayed positive on Tuesday, July 7, as bitcoin ETFs recorded a third straight day of inflows and ether ETFs stretched their winning run to four sessions. Ether ETFs Extend 4-Day Inflow Run as Blackrock’s ETHA Adds $26.9 Million The rebound did not roar. It held.
The Bitcoin mining industry in 2026 looks very different from what it did just a few years ago. Post-halving pressure, rising network difficulty, and margin compression have reshaped the competitive landscape — and nowhere is that more visible than in the mining pool market.
Tennessee's crypto ATM ban may signal a trend towards stricter regulations, potentially hindering Bitcoin's broader market adoption and growth.
The US Senate returns to Washington next week with 20 working days to decide whether the CLARITY Act, which is the most advanced crypto market-structure bill in Congress, becomes law this summer or slips into another round of delay.
Strike CEO Jack Mallers rolled out a new bitcoin-backed loan product on July 7 that removes price-triggered liquidations from the loan term entirely. The product, called volatility-proof loans, lets borrowers keep their bitcoin in place no matter how far the price falls, as long as they keep making payments.
Futures volume is running far ahead of spot demand, making absorption the next test for BTC's recovery.
Bitcoin price pressure took BTC toward the "crucial" $61,000 mark as oil prices soared on the collapse of the US-Iran ceasefire.